Mansfield Road, Nottingham, NG5
- PROPERTY TYPE
End of Terrace
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Northwood is excited to present this excellent investment opportunity to acquire a fully tenanted freehold property on Mansfield Road comprising of a flat with an AST and shop with lease until March 2027 providing a yield of 7%.
The property comprises a ground floor retail unit with its own fitted kitchen, W.C., and storage area, currently let at £6,480 per annum. The retail unit is spacious and plenty of room for storage.
Above, a self-contained one-bedroom flat offers a spacious reception room, double bedroom, separate kitchen, and bathroom, let at £500 per calendar month.
Generating a combined rental income of £12,480 per annum this property is sold with tenants in situ—providing an ideal, hassle-free investment with immediate income.
Business is unaffected.
Please contact us to arrange a viewing on this good investment opportunity.
EPC rating: D. Tenure: Freehold,- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mansfield Road, Nottingham, NG5
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Visit our security centre to find out moreDisclaimer - Property reference P1828. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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